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CNN
Oct 6, 2011 4:00am EDT
thank everyone's families, because they support us and let us do what we love to do. so thank you very much to our extended families out there who make it possible for us to work our tails off making these great products for you. >> throughout this hour here on "world business today" we'll be taking a look, an extensive look at the legacy of steve jobs. an adopted child, a college dropout and technological visionary. our reporters are monitoring this story from every corner of the globe. jim bolden will join us live from outside the apple store here in london. eunice yuhn will be with us and david mckenzie will be joining us from nairobi. he'll tell us how steve jobs has inspired entrepreneurs across kenya. >> it's amazing watching that steve jobs footage, nina, how many quality products came off that apple production line under the watchful eye of steve jobs. here in hong kong certainly the news has been everb rating around the city. this is the midday edition of the newspaper. jobs is gone. that's the headline, a picture of steve jobs which was on the home page of apple today. that's
CNN
Oct 5, 2011 4:00am EDT
. >> great being with you. >> thanks, victoria. that's it for tonight. that's all for us tonight. >>> i'm zain verjee at cnn in london. here are the headlines this hour. russia and china vetoed a u.n. security council measure on syria on tuesday. the draft resolution would have called for a halt to syria's crack down on descent. they said it would have blindly pressured syria. u.s. ambassador susan rice says the countries that have blocked the resolution wanted to sell arms to the syrian regime. >>> amanda knox is back in the u.s. she flew home a day after an italian jury overturned her murder conviction in the 2007 killing of her roommate, meredith kercher. she appeared at a news conference at seattle's airport, choked with emotion, she thanked her supporters. >>> 17 people have been killed in an accident at a chinese coal mine. government officials say that they're investigating the cause. 11 of the 28 people in the mine shaft survived. few chinese mines adapt to regulations and accidents are common in the country. >>> in the michael jackson involuntary manslaughter trial, pros
CNN
Oct 25, 2011 1:00am PDT
u used. they're complaining about the fact they have gotten little information about how these tools are exactly going to work and one of the things that is showing because the leaders on the european level haven't seemed to have sorted out all the differences about how they want to do it parliamentarians aren't getting enough information to vote on it. it is difficult. the factions in german parliament are set to debate it throughout the day and see whether merkel will get enough votes together in her own coalition is pass it because the opposition in german parliament on the last vote voted in favor of angela merkel says it doesn't know which way it's going to go. there are tense moments. she's set to do a speech tomorrow at noon then we will see the vote in german parliament and then angela merkel hopes the way will be cleared to put the new leveraging instruments that would then obviously expand the esfc and the haircut lenders would take and have a free hand to negotiate on that level. charles. >> it's discomforting, really for angela merkel? for one thing she has to fight
CNN
Oct 20, 2011 1:00am PDT
, nina. >> diana magnay joining us live on the television there. thank you for that report. andrew? >>> that's the scene outside the greek parliament. let's head inside where lawmakers are set to pass the government's cost-cutting austerity plan later on thursday that diana was talking about. politicians will vote on the details of each measure after the measures were approved in principle on wednesday. if they're passed they will significantly reduce government spending by imposing widespread wage and job cuts in the public sector. they'll be raising taxes and making more people actually pay them. nina? >> let's get a sense of what all the fuss is about. how drastic are the proposed austerity measures they're debating for a second day in a row? 30,000 civil servants will be suspend as part of the package. a year later they may be laid off altogether. the threshold for income tax is being lowered from $11,000 a year to just $7,000 a year. that means an awful lot more low-income greeks will actually have to pay tax now. pensions worth more than $1,300 a month will be cut by 20% and
CNN
Oct 1, 2011 4:00am EDT
townsend has details and what her sources are saying about the chemical weapons he wanted to use on america, the country he was born in and the country that educated him and early this morning the country that hunted him down. around 3:00 a.m. eastern time, the u.s. launches a joint operation with the yemenis, a car believed to be carrying al awlaki is targeted. that's on the outskirts of a town east of the capital. a u.s. drone fires its missile and one of america's top terror targets is dead. >> the death of awlaki is a major blow to al qaeda's most active operational affiliate. >> anwar al awlaki was a long way from the home when the missile found him in yemen. born in new mexico and educated in the u.s., he radicalized and became a leader in al qaeda in the arabian peninsula. implicated in many plots to kill americans, he was a top terror recruiter, awlaki's presence was felt in >> reporter: the alleged shooter, major nidal hasan is believed to have exchanged e-mails with awlaki before the rampage that left 13 people dead. awlaki is also linked to other terror plots, including t
CNN
Oct 3, 2011 4:00am EDT
care. >> you, too. >> nice to meet you. >> thank you. >> you, too, lorri. >> will you join us in perugia. we're outside the courthouse in this medieval city as we wait to hear from a young american woman who was accused back in 2007 of murdering her roommate. we welcome our american viewers to our coverage of our amanda knox trial here in perugia. what you're listening to now is the file rebuttal from amanda knox's defense lawyer in court this morning. it's the first part of the sentencing. after that we're expected to hear pleas of innocence from amanda herself probably in italian and from her former boyfriend. let's listen in again to what the defense lawyer for amanda knox has to say. >> to tell you the truth, so what is this letter? two things have been said that really is a liar and cannot be relied on. you can't convict a person that lies. a person got involved in things that wasn't involved. but that is the end. apart from what was said it serves no purpose. you have told him off on several occasions. don't talk of the homicide. okay, i won't talk about this homicide. and
CNN
Oct 24, 2011 4:00am EDT
the scene a few hours ago and joins us and what did you see? >> reporter: well for people here it's agony of waiting. a father who is trying to find out whether his two sons are still alive in the rubble. before we talked to him he found out that they had found one of his sons dead and trying to bring him out now. you get a real sense from all the people standing here waiting to find out news about loved ones in these numerous buildings that have collapsed as they see pieces of their lives, furniture, bits and pieces and all they want to know is that their loved ones are safe. they're using sound checks, dogs, hundreds of rescue workers mobilized to van where i am and 200 -- more than 200 people killed in both. that is the death toll as we know it now. it could well rise, of course, as the search goes on. monita? >> all right, diana, thank you very much for that. we'll continue to check in with diana for the very latest out of turkey. that is the top story from cnn, the world's news leader. i'm monita rajpal. "world business today" starts right now. >>> good morning from cnn londolo
CNN
Oct 18, 2011 1:00am PDT
for sergeant major shalit. matthew chance is at the border crossing in gaza. he joins us live with the latest. presumably a sense of anticipation there, matthew. >> reporter: certainly is, charles. in fact, hundreds of people have gathered here at the checkpoints, all family members of the hundreds of prisoners about to be released into the gaza strip, who have come to welcome people who, frankly, they didn't expect to see again in many cases. some of the people that have been released by israel today in exchange for shalit have been serving multiple life sentences for murder, membership in illegal groups, things like that, sentenced to in some cases hundreds of years behind bars which they were never expecting to be freed from. gilad shalit when he was captured, he was also seen as a golden opportunity, a negotiating chip for hamas. it was just question of how many palestinians would be exchanged for him. that answer has come today. it's 1,027 palestinians. it's taken more than five years, charles. >> that is interesting, isn't it, that it's taken so long. is there a sense of frustrat
CNN
Oct 22, 2011 4:00am EDT
, piers. >> i hope we can do it again that is all for us tonight. "ac 360" starts right now. >>> we begin tonight keeping them honest. what president obama did not say when he made his surprise announcement that nearly all-american troops will be home from iraq by year's end. it's a fact that raises questions whether the administration intended the american presence in iraq to end this way or whether the stunning statement by the president was plan a or plan b. >> after nearly nine years, america's war in iraq will be over. over the next two months, our troops in iraq, tens of thousands of them, will pack up their gear and board convoys for the journey home. >> up on the white house website, the headline reads, "president obama has ended the war in iraq." the white house take on this is simple. president obama promised to end u.s. troop involvement in iraq and today fulfilled that promise. in one sense, it's absolutely true. here's what he said when he launched his campaign nearly four years ago. >> america, it is time to start bringing our troops home. it's time -- it's time to adm
CNN
Oct 17, 2011 4:00am EDT
europe's debt crisis finally on the offing? emily rubin joins us now. the markets seem to see more in that than i've seen. it would be absurd if they said we'll take unnecessary ones or won't take the one that is are necessary. >> we certainly heard that sort of language before. you're right. why are the markets reacting positively. it's a good question and one to which there doesn't appear to be var clear answer. the fact is that no really new details for people to get their teeth into have really emerged. one analyst i spoke to said that although they're yous strong language, there's no new detail. he thinks the markets are up simply because of strong global growth data last week. let's look at something barclay's capital said last week. the markets are up because of growth data rather than anything concrete that's come out of this weekend. >> they seem to tighten the deadline, though. that seems to be reasonably concrete. in terms of the negotiation, the arm wrestling between messrs. sarkozy and merkel, that's been going on for a long time. is there any reason to suppose that a bit
CNN
Oct 29, 2011 4:00am EDT
it for us tonight. "ac 360" starts right now. >>> piers, thanks it is 10 p.m. on the east coast. we begin tonight keeping them honest. that is with how president obama reportedly manages to have it both ways on a key promise he made to voters. said he wouldn't take a dime in campaign money from lobbyists. yet he's now reportedly taking millions from people who walk, talk, and act like lobbyists but call themselves something else. now, here's the campaign promise. >> there's only one candidate whose campaign is being run by seven of washington's most powerful corporate lobbyists. and folks, it isn't me. i don't take a dime from washington lobbyists and special interests. they do not run my campaign. they will not run my white house. and they will not drown out the voices of the american people when i'm president of the united states of america. >> here he is ten days later, doubling down. >> i will take power away from the corporate lobbyists who think they can stand in the way of these reforms. i've done it in illinois. i've done it in washington. >> but by his first full day in off
CNN
Oct 12, 2011 4:00am EDT
us not to take. well, the visit is mr. putin's first trip abroad since he announced plans to reclaim russia's presidency. it's being closely watched for clues as to the foreign policy direction and, of course, we'll bring you more on that later on in the program. do stay with us because later on in the show, we're also going to be speaking live from beijing about a host of these different issues. >>> now, u.s. president barack obama's $447 billion job creation package is hitting its first hurdle. the bill has been blocked in a test vote in the senate. mr. obama has repeatedly called for congress to adopt the measure. but in an unofficial tal lay, it indicates that some of the president's own fellow democrats may have joined the filibuster against it. >>> now, still ahead here on "world business today," at breaking point. the ship of the center of new zealand's biggest maritime pollution disaster is on the verge of breaking up. we've got the latest on that and the cleanup efforts just ahead. [ male announcer ] for sore muscles use new bengay cold therapy, it's pro-cool technology rele
CNN
Oct 11, 2011 4:00am EDT
the u.s. can avoid a recession, that in about 20 minutes from now. stay with us. [ male announcer ] for sore muscles use new bengay cold therapy, it's pro-cool technology releases armies of snowmen masseuse who cuddle up with your soreness and give out polar bear hugs. technology. [ male announcer ] new bengay cold therapy. the same technology used by physical therapists. go to bengay.com for a $3 coupon. there's no time like the present to consider all your health insurance options. does medicare alone meet your needs? would additional coverage be better for you? well, now is a good time to take a look at an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. get started by calling for your free information kit and guide to medicare. as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. a medicare supplement insurance plan helps cover some of it. that could save you up to thousands of dollars a year in out-of-pocket costs. and you can visit any doctor who accepts medicare patients. with med
CNN
Oct 8, 2011 1:00am PDT
that's it for us tonight. "ac 360" starts right now. tonight, breaking news. a leading conservative powerbroker or mega church pastor calling mitt romney's religion a cult and says that obama embraces difficult positions and when robert jeffreys talks, his congregation of 10,000 and conservative christian voters listen and respond in the voting booth. when he spoke today at a gathering in washington, he made both major news and major waves in the 2012 presidential race. he joins us momentarily. here's a sample of what he said to jim acosta after he introduced perry on stage. >> southern baptist convention which is the largest protestant denomination in the world officially labelled mormonnisms is a cult. i think romney is a good world man. i think those of us that are born again followers of christ should always prefer a competent christian to a competent -- to a competent nonchristian like mitt romney. that's why i'm enthusiastic about rick perry. >> what do you say that mormonnism shouldn't be an issue in this campaign? he's just as american as everybody else. >> i agree he's just
CNN
Oct 19, 2011 1:00am PDT
between the government and greek workers as a 48-hour general strike gets under way. diana joins us live from athens, a city that seems set to grow to a halt as many sectors in the economy prepare to walk off the job. diana, what's the atmosphere like at the moment? are we going to see any violent protests here? >> reporter: well, it would be, i think, interesting if you didn't see violent protests. all the strikes that i've followed here in greece since that first bailout was agreed may 2010, also the second bailout in july this year, there has been really quite a lot of violence. so i think that that is something that can be anticipated. but generally that violence is provoked by a small group who come specifically to provoke. the vast majority of people out on the streets are here to protest against further austerity. and here where i am, this is the union. and interestingly, they are the people who say that greece should have left the european union a long time ago, and that that is the only solution to greece's problems. i've got to add that they are not in a minority. two-thir
CNN
Oct 13, 2011 1:00am PDT
. >> a lot of people walk past asking us what we're waiting for, which was annoying but we got used to it after three days. >> the phone is brand new. great features but i can't afford it. >> the iphone 4s is coming out tomorrow. unlike samsung, apple gives no discounts on the iphone. i'm not sure why you would line up to pay full price for a phone that's not as good. >> okay. let's stay on the theme for problems for smartphonemakers. ri rim announced a significant uncrease in service levels in europe, the middle east, india and africa and modest progress in the u.s. and canada. rim's ceo says the company is working around the clock to restore its systems as well as its customers' trust. the blackberry system failures cowl not have come at a worse time for rim. the stock is already down nearly 0% this year and friday brings even more competition in the form of apple's upgraded iphone 4s. an executive says the company knows what's at stake. >> at this stage we understand the frustration our customers have because blackberry uses a communication vehicle for people to connect with their f
CNN
Oct 28, 2011 4:00am EDT
happy about that. >> donald, thank you very much. that's all for us right now. >>> hello, i'm nina dos santos. these are the headlines this hour. you're watching cnn. >>> we'll be going straight to "world business today." let's bring you up to date with the top stories on friday the 28th in the business world. spain's jobless rate jumps once again, away from euro zone politics, ordinary spaniards feel the pain. >>> and the french president says it was a mistake for greece to join the euro. >>> first off, let's go straight to the european stock markets and see how they're faring at the minute. we're seeing a higher open and that in turn follows rallies on thursday after that crucial deal was reached at the eu summit in brussels. we'll bring you the numbers in a moment's time. first up, let's tell you what's making news across the region. in particular, it is the french president, mr. nicolas sarkozy. in an interview on thursday, sarkozy said allowing greece into the euro zone was, it seems, a mistake. greece ended with false economic figures. it was not ready to do so. sarkozy spoke
CNN
Oct 21, 2011 1:00am PDT
global witness can give us an idea of where they are. take a listen. >> the main way in which the libyans invested overseas is the libyan investment authority. this had $65 billion of investments. major banks butting goldman sachs, all held money for them or did business on their behalf. when gadhafi was welcomed back on to the political stage in the mid-2000s, the political elite were kick to open their arms to him. they all scrappled to get their hands on it. it's interesting to know the s.e.c. is reportedly investing goldman sachs for alleged bribery in relation to those funds. >> the global witness was able to get a secretly leaked document back in september of 2010 and that's the latest information we have as to where some of these holdings were so let's take a look. in this document the assets were total of about $64 billion, $65 billion, just one account. we can take a look at what the cash and deposits were which was about $20 billion alone sitting in cash and then you can take a look at where it was widespread over many different countries. we can begin in italy where he
CNN
Oct 28, 2011 1:00am PDT
the very manies in madrid. he joins us now. let's start out talking about the jobless numbers here in spain, bigger than expected, 0.5%. this situation just gets worse and worse, doesn't it? >> it does, nina. and usually the third quarter in spain is a pretty good quarter and unemployment normally would go down because of the seasonal jobs in the big tourism industry. not the case this year. the government said they wouldn't get to amillion people. it's just about 22,000 people short of getting to that psychological 5 million number. the jobless total went up 144,000 in the last quarter. this is very bad news indeed as the numbers jumping up. this is a figure that all the economists pay attention to because it compares to people going into the unemployment offices with the entire working population. most of the sectors increased in joblesses in only industry went down. we were talking at a leading business school, the ie business school just yesterday with some students, some nba students. we talked to a british man. let's listen to what he has to say about his job prospects. he's
CNN
Oct 26, 2011 1:00am PDT
: that's what all of these eu ministers and heads of government have been assuring us for the better part of the last three days or so, felicia since they met on sunday. as you can see, the red carpet is rolled out behind me, but the atmosphere is very tense here in brussels. as we expect eventually some kind of detailed plan to come out, but realistically not until much later today. let me tell you what's on the ageneral agenda. we have things kicking off relatively late. about 4:00 p.m. here in brussels where we'll have an informal meeting of the euro group. don't be dissuaded by the informal title because these talks are paramount to the security of the euro zone and indeed the single currency stability. and then the real deal making should begin after a dinner and things will get cracking at about 9:00 p.m. and if we know, if we take any kind of cue from the summit that we had on sunday last time, it took take hours for these negotiations to go on into the night before they actually agree to anything. and then again, will we know exactly what they have agreed to? because so far e
CNN
Oct 4, 2011 1:00am PDT
follow the overnight action in asia or at least overnight for us and take their cue from markets in the united states but, of course, with the eyes of the world firmly focused on the eurozone crisis it seems that the markets are taking very much their cues from what is going on in europe. perspective on the movements we're seeing as andrew is just saying, second day of the final quarter of the year, a pivotal one, we have a senior trader joining us live. good to see you. these aren't good times and now we know that it's going to be another delay before greece gets that money. will they run out of money and default in the next month or so have. >> i think it's certainly a possibility and think both greece and you need to realize this isn't going to be resolved overnight and the line needs to be drowning and you need an orderly default from greece for them to renegotiate some of its debt and for it to exit out of the eurozone because at the end of the day it is affecting not just countries within the eurozone but global economies, as well. you saw the manufacturing figures in the u.s.
CNN
Oct 27, 2011 1:00am PDT
has been a pleasure. thanks for being here. >> thanks for having me. >> piers: that's all for us tonight. >>> europe will do what it takes to safeguard financial stability. >> i've said it before and i'll say it again. this is a marathon, not a sprint. >> a long slog late into the night ends in a bailout deal for europe. but will it work? we're going to bring you full insight and analysis in the hour ahead. you're watching "world business today." >>> good afternoon from cnn hong kong. i'm andrew stevens. >> and good morning from london. i'm felicia taylor. it was a long time coming, but european leaders filly got there. shortly before 4:00 a.m. in brussels the announcement we'd all been waiting for. european leaders struck a deal on the eurozone debt crisis. here are the key points. the agreement includes a compromise with private investors. holders of greek bonds have greed take a 50% write down on the value of those assets. also the effective strength of the bailout fund will be boosted to about a trillion euros. but european banks will be told to brace for further turmoil. the
CNN
Oct 10, 2011 4:00am EDT
this year. richard quest is in brussels and joins us now with a closer look at what's going on. richard, very briefly, it seems to me that the bank's board had very little choice. they had to accept this bailout, didn't they? >> reporter: they had no choice whatsoever. basically the retail part, the consumer part of the bank is -- off so ordinary people don't have to worry about what happened. you have a bad bank with toxic assets and the taxpayers of france, belgium and luxembourg end up bailing the guarantees for the rest of the bank. it's a bad situation all around. from dexia's point of view, it was the only solution. >> richard, i think it's pretty welfare to say, that the question in a lot of people's minds is, is this the first of many? dexia has had two bailouts. how many others will need one or two bailouts? >> dexia needed a bailout because of the unique circumstances of the bank. it was high into municipal bonds, late in the game. it had a particular financial structure that meant when things turned sour, dexia was one of the first to get clobbered. they may be at th
CNN
Oct 14, 2011 1:00am PDT
street. that's all for us tonight. >>> hello, i'm monita rajpal at cnn london. here are the top stories right now. in libya, hundreds of die-hard loyalists to moammar gadhafi continues to mount a continue defensive in the leader's hometown. >>> prime minister silvio berlusconi will face a confidence vote in parliament today. it was forced after the italian parliament failed to approve an article of the country's budget. italy is battling to keep itself from getting dragged down bit euro zone debt crisis and many italians are unhappy with his leadership. >>> the brute force of floodwaters is wreaking havoc around southeast asia. it is worse around thailand. the cresting river is expected to pass through the city at weekend. nationwide, 283 people have been killed by heavy rain and flood. >>> occupy wall street protesters may be headed for another confrontation with police. new york mayor michael bloomberg says protesters must leave the park a section at a time so it can be cleaned up beginning this morning. a spokesperson for the group says it's an attempt to evict them. >>> thos
CNN
Oct 7, 2011 4:00am EDT
. >> shut the door on the way out. that's it for us tonight. >>> hello. i'm monita roj pal at cnn london. the nobel peace prize is expected to be announced shortly, carried live in oz low in just over an hour from now only here on cnn. we'll bring that to you as we get it. >>> a pakistani doctor is accuse of o treason for allegedly helping the u.s. kill osama bin laden. he helped the cia gather dna from the ab abbottabad compound. >>> dramatic testimony in the trial of michael jackson's personal physician, trying to suggest the coroner's investigator made mistakes when she searched his bed roof after mistake. she said she found a saline bag in the room with a propofol bottle inside. >>> prince harry or captain harry wales as he's known in the british military is bound for the united states. he'll soon begin helicopter gun ship training at bases in california and arizona. those are the headlines from cnn the world's news leader. i'm monita rajpal, "world business today" starts right now. >>> good morning from cnn london. i'm nina dos santos. >> and good afternoon from cnn hong kong, i'm a
CNN
Oct 7, 2011 1:00am PDT
has been telling us we need hundreds of billions of euros put into european banks. we've been hearing that for not quite six months, but quite some time. it's good that merkel and sarkozy are getting around to talking about it. the amount of money that needs to be put in, they should have started discussing it a long time ago. it's going to be quite difficult to sell to the electorates and quite difficult to come up with. yes, good news we're talking about it. we're a very good long way away from having money put into banks. a good thing, but don't get carried away as yet. >> louise, one thing people are concerned about, we're in a situation where entire governments are in trouble because they bailed out their banks back in 2008. can we afford to bail out more banks now and for governments to take more debt onto their balance sheets? probably not. >> the governments aren't in trouble because they bailed out the banking street. that's not the reason governments are in trouble. governments are in trouble because they enjoyed the credit boom and issued far too much debt. if you l
CNN
Oct 31, 2011 4:00am EDT
terms of the eurozone breakthroughs. ramy inocencio joins us with the numbers. it sounds like there's a good bit of profit-taking going on there. >> markets ended broadly lower pulling back from the gains we saw last week. the nikkei closed marginally lower, down about .7%. it fell in the first few hours of trade, but then jumped up about 1.5% after the bank of japan announced mormon tear easing in the yen. the rally had run out of steam by the close. the nikkei ended the trading day where it started. honda was down nearly 4%. more on the yen in just a minute. first off, the hang sang, the index here closed about .7%. banks and resource stocks led this gradual stock. icbc, the world's biggest bank down 3%. the shanghai composite closed .5% lower losing the least of the major indices. the asx 200 down about 1.25%. australia's all big four banks falling. back to the yen, as i mentioned, earlier today japan's currency hit a brand new postwar record against the dollar coming in at 75.32 yen to the greenback. speculators were largely believed to be behind this move. because of this, the bo
Search Results 0 to 48 of about 49 (some duplicates have been removed)